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17/02/2015
Carbon Trends
EU ETS and competiveness: the tricky equation of free allocation through to 2030
EU ETS – MSR debate: on 21st January, the ITRE committee of the European Parliament voted and rejected amendments to the MSR reform, and therefore will not provide any opinion concerning the mechanism to the ENVI committee. EU ETS – MSR timetable: the ENVI committee voted on 23rd and 24th February 2015 about possible amendments […]
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17/01/2015
Carbon Trends
From the rehearsal dinner in Lima to the wedding of interests in Paris: finding the recipe to keep everyone seated at the negotiations table
EU ETS – MSR debate: ENVI Committee met on 3rd December to discuss issues concerning the implementation of the MSR. MPs remain divided. EU ETS – MSR timetable: the ITRE Committee will hold an opinion vote on 22nd January 2015, while the ENVI Committee will vote on 23rd and 24th February 2015. EU ETS Directive: […]
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21/12/2014
Climate Brief
COP 20 in Lima : a tense rehearsal dinner where everyone ended up eating at the same table
COP20 in Lima was expected to put the negotiations on track to get an ambitious global agreement in Paris in December 2015. As a “rehearsal dinner” for Paris Climate 2015, COP20 managed to keep and strengthen the hopes for a “wedding” of interests with all parties sharing a table. COP 20 achieved its two key […]
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21/12/2014
Carbon Trends
Emissions Trading Schemes in China: the transition from experimental pilots to a national ETS
EU ETS – MSR debate: The ENVI Committee has published a provisional report supporting the implementation of the mechanism and arguing for increased flexibility. The Parliament’s ITRE Commission suggested adjustments to the mechanism in order to protect industrial competitiveness on 17th November. EU ETS – MSR timetable: the ITRE Committee will hold an opinion vote […]
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23/11/2014
Public Financial Institutions and the Low-Carbon Transition: Five Case studies on Low-Carbon Infrastructure and Project Investment
The analysis is structured around three principal areas of intervention: the use of traditional and innovative approaches to link low-carbon projects with finance through enhancing access to capital; facilitating risk reduction and sharing; improving the capacity of market actors; and shaping broader market practices and conditions. The results of this study were presented during a […]
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21/11/2014
Carbon Trends
Climate and Energy package in 2030: towards a new winning combination “40% +27% +27%” for the EU ETS?
By CDC Climat Research and Enerdata European Council of 23rd October: the conclusions show a binding target, which includes reducing GHG emissions in 2030 by 40% compared with the level in 1990, and a 27% share for renewable energy, together with an indicative energy-efficiency target of 27%. Carbon leakage: the list of the sectors exposed […]
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21/10/2014
Special issues
Landscape of climate finance in France, 2014 Edition
Based on a methodology developed by the Climate Policy Initiative and recognized internationally, the Landscape of climate finance identifies financial flows dedicated to the climate change mitigation and adaptation in France in 2011. The study collects information about the role and weight of public and private actors, as well as the instruments and channels involved […]
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21/10/2014
Carbon Trends
Feedback from the New York Climate Summit: a CO2 price is necessary, but not sufficient
New EU Energy and Climate Action Commissioner: the Miguel Arias Canete’s nomination was approved by a majority of Members of EU Parliament. EU ETS – MSR timetable: On September 23rd, the timetable was announced; deadline for amendments is 11th December 2014; ENVI committee votes on 23rd or 24th February 2015. BKM Summit: On September 23rd, […]
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10/10/2014
Special issues
The CO2 emissions of the European power sector: economic drivers and the climate-energy policies ‘contribution.
By Berghmans Nicolas, Chèze Benoît, Alberola Emilie and Chevallier Julien In the frame of the ongoing debate on the 2030 energy and climate policies in the European Union, this article provides the first assessment of the effectiveness of European energy and climate policies on the CO2 emissions reductions. This ex-post analysis deals with the CO2 […]
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05/10/2014
Special issues
Review of monitoring uncertainty requirements in the CDM
By Igor Shishlov and Valentin Bellassen In order to ensure the environmental integrity of carbon offset projects, emission reductions certified under the Clean Development Mechanism (CDM) have to be ‘real, measurable and additional’, which is ensured through the monitoring, reporting and verification (MRV) process. MRV, however, comes at a cost that ranges from several cents […]
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21/09/2014
Carbon Trends
SUMO policies: smart monetary policies aimed at giving a boost to green investments
By Camille Ferron and Romain Morel, I4CE New EU Commissioner : Miguel Arias Cañete (Spain) has been appointed as the new energy and climate commissioner. EU ETS Reform: Denmark, Latvia, Slovenia, and Sweden support Germany’s proposal for the mechanism becoming operational ahead of schedule as from 2017. Climate and Energy package 2030: the European Commission […]
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15/09/2014
Climate Report
What incentives to climate change mitigation through harvested wood products in the current french policy framework? (Summary)
Beyond the important role that forests play in the fight against climate change through the sequestration of carbon in their biomass, wood products also contribute to climate change through three channels: Material substitution : the manufacturing of wood products being less energy intensive allows to avoid carbon emissions from the processing of other alternative materials […]
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21/08/2014
Carbon Trends
The EU ETS Market Stability Reserve: a debate on its effectiveness
By Emilie Alberola and Zuheir Desai, CDC Climat Research Auctioning of aviation allowances will restart from September 2014. Market Stability Reserve: Germany and France have clarified their positions. EU ETS Phase 4: The EU Commission held its first stakeholder meeting to discuss experiences of free allocation with regards to carbon leakage from phases 2 and […]
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17/07/2014
Climate Report
Introducing short term flexibility in the EU ETS to assure its long-term credibility : a multi-criteria analysis of policy options
It is now well established that the European Union Emissions Trading Scheme (EU ETS) needs to be reformed. After more than 18 months of discussions, the EU Commission disclosed, in its communication published in January 2014 on “A policy framework for climate and energy in the period from 2020 to 2030”, its legislative proposal of […]
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17/07/2014
Climate Report
Smart Unconventional Monetary (SUMO) policies: giving impetus to green investment
Today, given the amount of investment needed to reach a 2-degree emissions reduction target and the tight budgetary constraints of governments worldwide, public spending alone will not be sufficient alone. Therefore, there is a double need to not only shift private financial flows from “brown” sectors to “green” sectors, but also to leverage new sources […]
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21/06/2014
Special issues
Carbon Price Efficiency Lock-in and Path Dependence in Urban Forms and Transport Infrastructure
By Paolo Avner ,Jun Rentschler, Stéphane Hallegatte This paper investigates the effect of carbon or gasoline taxes on commuting-related CO2 emissions in an urban context. To assess the impact of public transport on the efficiency of the tax, the paper investigates two exogenous scenarios using a dynamic urban model (NEDUM-2D) calibrated for the urban area […]
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21/06/2014
Climate Brief
Le versement pour sous densité : analyse d’un outil de densification urbaine et premiers retours d’expériences
Par Paolo Avner, doctorant CIRED et APREC, Vincent Viguié, CIRED et et Stéphane Hallegatte, Banque Mondiale Le versement pour sous densité (VSD) a fait son entrée dans la loi française depuis mi 2012 et vise à limiter l’étalement urbain en taxant les nouvelles constructions qui n’atteignent pas un seuil minimal de densité de bâti (SMD). […]
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18/06/2014
Carbon Trends
Carbon markets and the post-2020 Agreement
EU ETS reforms: on 25th June, the EU Commission will host a panel of experts to discuss technical aspects of the proposal of the Market Stability Reserve. Market Stability Reserve of the EU ETS: Germany supports the Commission proposal of a market stability reserve and calls for a launch of the mechanism significantly before 2020, […]
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21/05/2014
Climate Brief
Domo arigato Kyoto : Four key lessons from the Kyoto Protocol for a new agreement in Paris 2015
By Romain Morel, Igor Shishlov et Valentin Bellassen, I4CE The results from the first commitment period of the Kyoto Protocol (KP) show that developed countries fulfilled their commitments through varied strategies. However, the Kyoto protocol did not manage to stabilize global GHG concentrations ; furthermore its direct impact on domestic emissions reductions is unclear. Nevertheless, […]
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17/05/2014
Climate Report
Ex-post evaluation of the Kyoto Protocol : Four key lessons for the 2015 Paris Agreement
Signed in 1997, following the 1992 United Nations Framework Convention on Climate Change (UNFCCC), the Kyoto Protocol (KP) is the first international tool focused on greenhouse gas (GHG) mitigation involving as many countries : in its final configuration, thirty six developed countries committed to reduce their emissions by 4% between 1990 and 2008-2012 – the […]